Fund Description
The S&P 500 VIX Mid-Term Futures Index TR is designed to provide access to equity market volatility through CBOE Volatility Index (the "VIX Index") futures. Specifically, the S&P 500 VIX Mid-Term Futures Index TR offers exposure to a daily rolling long position in the fourth, fifth, sixth and seventh month VIX futures contracts and reflects the implied volatility of the S&P 500 Index at various points along the volatility forward curve. The Index futures roll continuously throughout each month from the fourth month VIX futures contract into the seventh month VIX futures contract. A direct investment in VIX (commonly referred to as spot VIX) is not possible. The S&P 500 VIX Mid-Term Futures Index TR holds VIX futures contracts, which could involve roll costs and exhibit different risk and return characteristics. Investments offering volatility exposure can have various uses within a portfolio including hedging, directional, or arbitrage strategies and are typically short or medium-term in nature.
Fund Profile
Fund Name iPATH S&P 500 VIX Mid-Term Futures ETN
Fund Exchange Ticker VXZ
Fund Sponsor Barclays iPath
Fund ISIN US06740Q2600
Net Expense Ratio 0.89 %
Fund Inception Date 29 January 2009
Fund Legal Structure ETN
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific US Equities - Quant Strat
Asset Class Equities (Stocks)
Index Linked Passive
Index Name S&P 500 VIX Mid-Term Futures Index Total Return
Index Provider S&P DJ Indices
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Market Capitalization Range Large Cap
Growth Value Core / Blend
Continent North America
Key Statistics
Return As of Date 17 January 2019
Asset Under Management 43.94 Million (USD)
1 Month Total Return -6.73 %
Year To Date Return -7.66 %
1 Year Total Return 21.52 %
3 Year Annualized Total Return -26.62 %
NAV 20.34
Share Outstanding 2,160,310
Top 10 Holdings (Invalid date)
Constituent Name Constituent Ticker Constituent Type Weighting